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Question for VI: ANG

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stores
Super Contributor
Hi Zarp..I am not sure that I understand your comment "From GLD to ANG,I shall position the cfds'.GLD at R126 and ANG at 331" Are you wanting to short GLD (hedge) and go long on ANG at these levels. I am considering having a punt on ANG as clearly their recent increased profit margins from gold price have not been reflected in their share price and I beleive that ANG is currently about 20% undervalued?
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2 REPLIES 2
Not applicable
Long GLDcfd as at.Waiting for ANG near the 50% Fib-retrace for a nice Long.
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stores
Super Contributor
OK...Thanks and good luck..Cheers..Doug
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